Company research
VECTOR GROUP LTD
CIK 59440Updated Sep 24, 2026
Name history
BROOKE GROUP LTD · through Apr 13, 2000
Filing activity
Latest filing
50 filings on record · SCHEDULE 13G/A, SCHEDULE 13G, SC 13G/A, 15-12G, SC 13D/A, EFFECT.
Financials
FY 2023 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 934,095,000Source | 908,591,000Source | 871,087,000Source | 1,343,409,000Source |
| Property, Plant and Equipment, NetUSD | — | — | — | 77,988,000Source |
| GoodwillUSD | — | — | — | 31,756,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 107,511,000Source | 107,511,000Source | 107,511,000Source | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 268,600,000Source | 224,580,000Source | 193,411,000Source | 352,842,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 26,442,000Source | 40,677,000Source | 16,067,000Source | 40,711,000Source |
| Inventory, NetUSD | 91,959,000Source | 92,448,000Source | 94,615,000Source | 97,545,000Source |
| Assets, CurrentUSD | 509,601,000Source | 492,365,000Source | 471,803,000Source | 663,903,000Source |
| Operating Lease, Right-of-Use AssetUSD | 11,017,000Source | 7,742,000Source | 10,972,000Source | 145,356,000Source |
| Other Assets, NoncurrentUSD | 84,329,000Source | 95,317,000Source | 76,685,000Source | 95,026,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,675,909,000Source | 1,716,468,000Source | 1,712,640,000Source | 2,003,096,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 15,598,000Source | 15,484,000Source | 15,396,000Source | 15,332,000Source |
| Additional Paid in CapitalUSD | 11,384,000Source | 5,092,000Source | 11,172,000Source | — |
| Retained Earnings (Accumulated Deficit)USD | -755,883,000Source | -812,380,000Source | -852,398,000Source | -653,945,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -12,913,000Source | -16,073,000Source | -15,723,000Source | -21,074,000Source |
| Stockholders' Equity Attributable to ParentUSD | -741,814,000Source | -807,877,000Source | -841,553,000Source | -659,687,000Source |
| Liabilities and EquityUSD | 934,095,000Source | 908,591,000Source | 871,087,000Source | 1,343,409,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 144,923,000Source | 175,624,000Source | 165,290,000Source | 283,315,000Source |
| Operating Lease, Liability, CurrentUSD | 3,706,000Source | 3,551,000Source | 3,838,000Source | 27,207,000Source |
| Accounts Payable, CurrentUSD | 6,749,000Source | 6,351,000Source | 9,443,000Source | 12,846,000Source |
| Operating Lease, Liability, NoncurrentUSD | 8,177,000Source | 5,469,000Source | 8,853,000Source | 154,199,000Source |
| Deferred Income Tax Liabilities, NetUSD | 57,970,000Source | 51,034,000Source | 34,768,000Source | 32,456,000Source |
| Other Liabilities, NoncurrentUSD | 17,170,000Source | 19,748,000Source | 22,944,000Source | 54,848,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | — | — | — | 0Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 57,970,000Source | 51,034,000Source | 34,768,000Source | 32,456,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | — | — | — | 12,557,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | — | 1,393,729,000Source |
cash flow · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 183,526,000Source | 158,701,000Source | 219,273,000Source | 92,938,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 6,941,000Source | 7,218,000Source | 16,334,000Source | 17,629,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 10,111,000Source | 7,848,000Source | 14,799,000Source | 9,483,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | -489,000Source | -2,168,000Source | -2,930,000Source | -1,217,000Source |
| Deferred Income Tax Expense (Benefit)USD | 5,932,000Source | 15,226,000Source | 14,464,000Source | -673,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 209,984,000Source | 181,317,000Source | 255,219,000Source | 267,547,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -14,600,000Source | -3,728,000Source | -61,970,000Source | 7,341,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 10,557,000Source | 9,957,000Source | 13,506,000Source | 19,063,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 3,706,000Source | 2,622,000Source | 13,145,000Source | 2,630,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -175,652,000Source | -122,064,000Source | -364,077,000Source | -288,687,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 126,232,000Source | 128,262,000Source | 131,798,000Source | 128,231,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | 0Source | -938,000Source | -130,000Source | 0Source |
| Repayments of Long-term DebtUSD | 23,679,000Source | 12,253,000Source | 862,973,000Source | 174,989,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 19,732,000Source | 55,525,000Source | -170,828,000Source | -13,799,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 270,106,000Source | 250,374,000Source | 194,849,000Source | 365,677,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 109,449,000Source | 112,759,000Source | 111,759,000Source | 118,851,000Source |
| Income Taxes Paid, NetUSD | 50,189,000Source | 42,426,000Source | 92,698,000Source | 41,372,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 4,371,000Source | 4,102,000Source | — | — |
| Amortization of Intangible AssetsUSD | — | — | — | 164,000Source |
| Debt and Equity Securities, Realized Gain (Loss)USD | -159,000Source | 6,000Source | — | — |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | -159,000Source | 6,000Source | — | — |
| Derivative, Gain (Loss) on Derivative, NetUSD | 0Source | 2,646,000Source | — | — |
| Equity Securities, FV-NI, Gain (Loss)USD | 3,045,000Source | -5,011,000Source | 9,615,000Source | 2,123,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | -1,289,000Source | 1,198,000Source | 7,534,000Source | -121,000Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | 4,334,000Source | -6,209,000Source | 2,081,000Source | 2,244,000Source |
| Gain (Loss) on InvestmentsUSD | 2,594,000Source | -7,980,000Source | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 0Source | 0Source | 724,000Source | 1,114,000Source |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | 0Source | 0Source | 910,000Source | 1,114,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | -549,000Source | 412,000Source | -21,362,000Source | 0Source |
| GoodwillUSD | — | — | — | 31,756,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | 0Source | 0Source | 58,252,000Source |
| Goodwill, Impairment LossUSD | — | — | — | 46,252,000Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 0Source | 0Source | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 183,526,000Source | 158,701,000Source | 147,154,000Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 183,526,000Source | 158,701,000Source | 147,154,000Source | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | 0Source | 72,119,000Source | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 0Source | 0Source | 72,309,000Source | — |
| Income (Loss) from Equity Method InvestmentsUSD | 1,262,000Source | -4,995,000Source | 2,675,000Source | 56,268,000Source |
| Income Tax Expense (Benefit)USD | 64,926,000Source | 61,861,000Source | 62,807,000Source | 41,777,000Source |
| Net Income (Loss) Attributable to ParentUSD | 183,526,000Source | 158,701,000Source | 219,463,000Source | 92,938,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 0Source | 0Source | -190,000Source | 0Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 178,521,000Source | 153,754,000Source | 213,601,000Source | 90,378,000Source |
| Operating Lease, ExpenseUSD | 4,384,000Source | 4,405,000Source | 4,578,000Source | 37,509,000Source |
| Other Nonoperating Income (Expense)USD | 26,119,000Source | 2,746,000Source | 10,687,000Source | -5,456,000Source |
| Payments of Financing CostsUSD | 0Source | 0Source | 20,109,000Source | 0Source |
| Proceeds from Issuance of Common StockUSD | — | 0Source | 0Source | 52,563,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 0Source | 0Source | 875,000,000Source | 0Source |
| Proceeds from Noncontrolling InterestsUSD | 0Source | 0Source | 1,625,000Source | — |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 0Source | 0Source | 3,331,000Source | 14,288,000Source |
| Restructuring CostsUSD | — | — | — | 3,382,000Source |
| Restructuring Costs and Asset Impairment ChargesUSD | — | — | — | 3,382,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,424,268,000Source | 1,441,009,000Source | 1,220,700,000Source | 2,002,669,000Source |
income statement · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Total RevenueUSD | 1,424,268,000Source | 1,441,009,000Source | 1,220,700,000Source | — |
| Cost of RevenueUSD | 965,348,000Source | 998,658,000Source | 769,542,000Source | 1,367,145,000Source |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 112,086,000Source | 103,102,000Source | 131,418,000Source | 329,524,000Source |
| Operating Income (Loss)USD | 328,035,000Source | 339,010,000Source | 320,439,000Source | 245,143,000Source |
| Other Nonoperating Income (Expense)USD | 26,119,000Source | 2,746,000Source | 10,687,000Source | -5,456,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 248,452,000Source | 220,562,000Source | 209,961,000Source | 134,715,000Source |
| Income Tax Expense (Benefit)USD | 64,926,000Source | 61,861,000Source | 62,807,000Source | 41,777,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 0Source | 0Source | -190,000Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | 183,526,000Source | 158,701,000Source | 219,463,000Source | 92,938,000Source |
| Earnings Per Share, BasicUSD per share | 1.17Source | 1.01Source | 1.4Source | 0.6Source |
| Earnings Per Share, DilutedUSD per share | 1.16Source | 1.01Source | 1.4Source | 0.6Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 153,196,070Source | 152,752,874Source | 152,403,072Source | 150,216,141Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 153,330,788Source | 152,894,851Source | 152,474,849Source | 150,250,953Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | — | — | 164,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.8Source | 0.8Source | 0.8Source | 0.8Source |
| Current Income Tax Expense (Benefit)USD | 58,994,000Source | 46,635,000Source | 48,343,000Source | 42,450,000Source |
| Debt and Equity Securities, Realized Gain (Loss)USD | -159,000Source | 6,000Source | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 6,738,000Source | 7,218,000Source | 7,816,000Source | 17,465,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | -1,289,000Source | 1,198,000Source | 7,534,000Source | -121,000Source |
| Gain (Loss) on InvestmentsUSD | 2,594,000Source | -7,980,000Source | — | — |
| Goodwill, Impairment LossUSD | — | — | — | 46,252,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 183,526,000Source | 158,701,000Source | 147,154,000Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 183,526,000Source | 158,701,000Source | 147,154,000Source | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 1.17Source | 1.01Source | 0.94Source | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 1.16Source | 1.01Source | 0.94Source | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | 0Source | 72,119,000Source | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 0Source | 0Source | 72,309,000Source | — |
| Income (Loss) from Equity Method InvestmentsUSD | 1,262,000Source | -4,995,000Source | 2,675,000Source | 56,268,000Source |
| Interest ExpenseUSD | 108,617,000Source | 110,665,000Source | 112,728,000Source | 121,541,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 178,521,000Source | 153,754,000Source | 213,601,000Source | 90,378,000Source |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | 178,521,000Source | 153,754,000Source | 143,460,000Source | — |
| Operating Lease, ExpenseUSD | 4,384,000Source | 4,405,000Source | 4,578,000Source | 37,509,000Source |
| Restructuring CostsUSD | — | — | — | 3,382,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,424,268,000Source | 1,441,009,000Source | 1,220,700,000Source | 2,002,669,000Source |